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TROY ALSTEAD
IPO-bound OYO parent PRISM appoints former SEBI chairman Ajay Tyagi to boardIPO-bound OYO parent PRISM has appointed former SEBI Chairman Ajay Tyagi as an Independent Director to strengthen governance ahead of its p...
Oyo’s parent PRISM initiates an increase in authorised share capital ahead of potential IPOOyo's parent company, PRISM, is boosting its share capital. This move signals advanced preparations for its upcoming Initial Public Offerin...
IPO-bound Oyo to consider 1:1 bonus issue; unlisted shares rise 25% in 1 monthOravel Stays Ltd (Oyo), gearing up for its IPO, has revealed that its board will deliberate on issuing bonus shares at a ratio of 1:1. This...
Oyo secures board nod to file for IPO with stronger financial outlook: SourcesOyo has received board approval to pursue a fresh IPO filing, highlighting improved Q1 results and FY25 EBITDA of ₹1,100 crore. Bankers pro...
Oyo's board approves IPO planHospitality chain Oyo, backed by a board including industry veterans, is preparing for a fresh IPO filing after two previous attempts were ...
SoftBank's Sumer Juneja to join Oyo boardSumer Juneja will join Oravel Stays Ltd as non-executive director, pending EGM approval, representing SoftBank Vision Fund. OYO, backed by ...
Oyo ahead of pace on road to profitability, says independent director Troy AlsteadTroy Alstead said some investors are always more interested in steady predictable cash flows and less interested in growth, while some othe...
Oyo appoints Indian woman Paralympics medallist Deepa Malik as independent directorMalik said she has a deep passion for travel and adventure and she looks forward to bringing a customer oriented perspective to Oyo.
Company continued to hold on to close to $ 1 bn cash, tracked to runway very closely: Oyo founder Ritesh Agarwal to employeesAgarwal was talking to employees in India, US, Japan, China and other markets in a 'fireside chat' session alongside board member Troy Alst...
Oyo has $1 billion to fund operations until IPO, CEO tells employeesThe company's focus is on getting revenue per available room to 60% to 80% of pre-pandemic levels across all markets, Oyo founder Ritesh Ag...
Sequoia Capital MD steps down from Oyo board, to have observer statusBejul Somaia, partner at Lightspeed India Partners, will continue as a board member.
Oyo witnessing green shoots in India: Ritesh Agarwal, founder, Oyo Hotels & HomesIn China occupancies continue to grow steadily and are in the mid-forties. Given the fluid Covid situation, any talk of bounceback needs ad...
Oyo appoints Steve Albrecht as non-executive directorAlbrecht is a former president of the American Accounting Association and Association of Certified Fraud Examiners. As a professor, he taug...
Oyo Hotels & Homes appoints new independent member in its boardAlstead most recently served as chief operating officer at Starbucks Corporation and is the founder, president, and CEO of Ocean5 and Table...
Success overseas doesn’t mean success in India: John Culver, StarbucksJohn Culver, the man steering Starbucks in India and the rest of Asia, believes that the world’s largest cafe chain needs to earn its place...
- US economy grows 3.2% in Q1
The US economy expanded at a 3.2% annual rate in the first quarter as households spent more freely, setting the stage for gains in employme...